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(Hosting-NewsWire.com, October 07, 2018 ) The “Global Retail Analytics Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such Fujitsu Limited, Microstrategy Incorporated, Information Builders, Microsoft Corporation, 1010data, Inc., Oracle Corporation, Angoss Software Corporation, SAP SE, Manthan Software Services Pvt. Ltd., SAS Institute Inc., Bridgei2i Analytics Solutions Private Limited. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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Retail Analytics is a term that is used to define the process by which information on the supply chain movement, sales, inventory levels or consumer demand is determined and provided. This process facilitates the overall assessment of data and therefore provides methods by which channel, as well as product preferences, are determined. This information is extremely important for making business decisions such as the procurement as well as marketing.
The data analytics that is obtained from the retail sector can be used for several purposes as the information that is procured gives an in-depth insight into the customers as well as the processes of the business. This information allows for targeting of issues and the subsequent improvement of those problems. There are several benefits to retail analytics and these are driving the market such as the improvement in decision making and the overall flexibility as well as efficiency in processes that this process provides. Factors such as the security concerns that the process brings up are restraining the market for retail analytics.
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